Saturday 4 March 2017

Economic Development Strategy on North Vancouver Island

The communities of Tahsis, Zeballos, Mowachaht/Muchalaht First Nations and Ehattesaht/Chinehkint First Nations are receiving a $91,000.00 grant from the Rural Dividend fund to conduct the environmental assessment and stream crossing engineering work for the multi-purpose trail project linking Tahsis with Zeballos.  This component of the project will provide the communities with the necessary information to seek provincial government approvals for the trail.  In addition to the Rural Dividend funding, the communities have also received $30,000.00 from the Island Coastal Economic Trust for the trail.

Here is the announcement from the BC government: 



CAMPBELL RIVER – Building on the economic benefits and jobs created by getting to yes on major projects and provincial investments in infrastructure, Minister of Forests, Lands and Natural Resource Operations Steve Thomson today announced immediate investments and a long-term action plan outlined in B.C.’s rural economic development strategy that will create jobs and economic opportunities in Campbell River.
Building on our Rural Advantages: B.C.’s Rural Economic Development Strategy outlines the Province’s three-pronged approach to build, strengthen, and diversify rural communities. These investments are expected to support up to 26,600 direct and indirect jobs with an overall impact of $2.8 billion to provincial GDP. Targeted initiatives include $40 million to expand and enhance high-speed Internet and an extension of the $25-million Rural Dividend Fund to reinvigorate and diversify more local economies. These will ensure British Columbians in all regions of the province have the opportunity for good-paying jobs and a high quality of life in their community.
To strengthen the Province’s commitment to supporting rural communities and in recognition of the unique challenges and opportunities they face, Cariboo-Chilcotin MLA Donna Barnett was recently appointed Minister of State for Rural Economic Development.  Building on our Rural Advantages delivers on a key priority in the minister of state’s mandate letter.
With the release of Building on our Rural Advantages, the Province is also making targeted investments that will benefit rural communities throughout B.C., including Campbell River:
  • $15 million over three years for trades equipment in B.C. secondary schools so students can explore the trades earlier in their education, including $716,400 in Campbell River.
  • $7.5 million over three years to upgrade BC Wildfire Service facilities throughout the province, including the Quinsam fire base, creating jobs and improving safety in rural communities.
  • More than $871,700 under the Rural Dividend Fund for projects in six communities, including:
    • $500,000 for the Regional District of Mount Waddington to develop a strategic economic development plan to create jobs in the forestry sector,
    • $100,000 for the Nanwakolas Council Society to deliver job readiness and skills training to youth,
    • $91,720 for the Village of Zeballos to develop local trails,
    • $90,000 for the Dzawada’enuxw First Nation to hire and train local workers and develop an overnight accommodation business in Kingcome Village,
    • $80,000 for the Village of Port Alice to support the redevelopment, expansion, and increased services for a campground, and
    • $10,000 for Port McNeill Kids in Motion Society to develop a summer camp geared for local youth with a focus on physical activity, health, and nutrition.
The rural strategy is a key commitment of the 5-Year Jobs Plan Update, which recognized the need for focused action to support rural communities. The new targeted actions outlined in the strategy build on the significant investments in Balanced Budget 2017 and respond to what government heard directly from British Columbians living in rural communities. To that end, the strategy includes immediate investments that will lay the foundation for economic diversification in rural B.C.:
  • A significant $40 million investment to extend high-speed Internet access to rural and remote B.C. communities, bringing faster broadband speeds that will create new economic opportunities and lay the foundation for new investment and jobs in B.C.’s burgeoning tech industry.
  • Extending the $25 million per-year Rural Dividend Fund for a fourth year to support the strength and sustainability of small rural communities.
  • $150 million for the Forest Enhancement Society of British Columbia to plant tens of millions more trees, which will help fight climate change and create over 3,000 jobs in rural British Columbia.
  • Begin phasing out provincial sales tax on electricity purchases by reducing it to 3.5 per cent on Oct. 1, 2017, and eliminating it by April 1, 2019. This will improve business competitiveness and economic performance, especially for resource industries that are key to rural B.C. such as commercial agriculture, forestry and mining.
  • Reduce the small business tax rate to 2% from 2.5%, effective April 2017, which means B.C. will have the second-lowest small business tax in Canada.

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